Re: Based on Depth/LII...DISCHINO... Dean / short interest / Ben
in response to
by
posted on
Feb 06, 2009 10:52AM
You are right about institutions being important. However, there are a lot of stocks that had only retail support before they crossed into the land of Big Boy stocks ($1+).
The bang, bang, bang of settlements -- even unannounced -- would seem to be part of DM / EDIG strategy to get the most bang for their bucks.
We'll see.....gonna be interesting if EDIG has moved from the negati9ve EPS world into the positive EPS world. How many spec investors use that as a screen for penny stocks?
I don't know if EDIG will report early or wait until a Monday, 2/16. Either way, we should get a positive biz update even if the Q numbers are not huge -- only one settlement and, likely, not a ton of IFE biz. Still, far better than some alternatives.
John